Why would a company lock away billions of dollars in Ethereum when the crypto market still feels cautious? That question is now getting attention as Bitmine Ethereum staking continues to grow quickly. Instead of selling or waiting on price moves, the firm is choosing to hold and stake ETH for the long term.
On-chain data shows that the firm recently deposited 82,560 ETH into network’s Proof-of-Stake contract. This single move is worth about $259m. Once ETH is staked, it cannot be easily sold, which shows long-term confidence rather than short-term trading.

Source: Arkham
The latest move is part of a bigger trend. Since December 27, staking has reached a total of 544,064 ETH in just one week. At current prices, this is worth roughly $1.7 billion.
This staked amount represents about 13.2% of Bitmine’s total Ethereum holdings, which stand close to 4.11 million coins. Even after this, the company still holds most of its tokens liquid. In simple words, the organisation is balancing flexibility while earning steady staking rewards.
The market has started to react to this strategy. BMNR Stock moved sharply higher, rising close to 15% in a single session, trading around the $31 level.
Tom Lee, chairman of Bitmine Immersion, has repeated his view that this ecosystem is the future of finance. In a recent New Year message, he urged shareholders to support a proposal to increase the company’s authorized shares. According to Lee, this would help with future funding, acquisitions, and long-term growth.
Shareholders are expected to vote on the proposal by January 14, with the annual meeting scheduled for January 15. Lee’s comments align closely with firm’s steady move toward building the world’s largest holder of this crypto asset.
The currency itself is showing signs of recovery. Over the past 24 hours, ETH price has risen around 3.7%, reclaiming the important $3,000 level. Trading charts show steady volume and improving momentum, suggesting buyers are slowly returning.

Source: CoinMarketCap
If ETH holds above $3,000, analysts are watching the $3,300–$3,500 range as the next resistance zone. This price strength adds more support to Bitmine Ethereum staking, as higher prices improve staking rewards over time.
Although Ethereum treasury companies such as Bitmine are interested in staking and yield, the Bitcoin treasury companies are experiencing valuation pressures. According to Bitcointreasuries net data, approximately 40% of the top 100 Bitcoin treassury companies trade at less than the value of the Bitcoin underlying.
Larger players such as Strategy are also valued at about a 17% discount to their Bitcoin NAV. This further fuels speculation about a consolidation and merger trend in the Bitcoin treasury sector.
This is to draw attention to the two contrasting approaches. The Bitcoin treasury companies are mostly engaged in accumulation, while the ETH treasury companies such as Bitmine are generating yield through staking, which might be useful in helping sustain valuation during times of low market activity.
These operational activities by Tom Lee’s Bitmine makes a clear statement regarding the long-term faith in the digital asset. As the ETH market stabilizes and BMNR stock rises, it is clear that the Bitcoin Treasury companies are facing challenges, while Bitmine's strategy stands out as a different and more yield-focused treasury approach heading into 2026.
Disclaimer: This article is for informational purposes only, kindly do your own research before investing.
Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.